[Morgan Fund: Continues to be optimistic about the long-term development of China’s capital market] On October 27, Morgan Fund’s latest view pointed out that China’s macro economy has strong resilience, and its complete industrial chain advantages coupled with continued technological innovation continue to breed new opportunities. At present, China's asset valuations have the highest allocation performance-price ratio in the world. As corporate profits recover in the future, the long-term investment value will be further highlighted. Morgan Fund has been deeply involved in the Chinese market for a long time and continues to explore Chinese market opportunities for domestic and foreign investors. Based on their confidence in the high-quality development of China's capital market and the company's investment research capabilities, JP Morgan Fund shareholders will invest US$75 million (over RMB 500 million) of their own funds in JP Morgan Fund's first active ETF through related party JPMorgan Asset Management (Asia Pacific) Co., Ltd. to express their positive optimism about the prospects of the Chinese market with practical actions. Following the announcement of shareholder investment by Morgan Fund, many fund companies have successively launched active ETF self-purchase plans to jointly boost market confidence. (Reporter Feng Qijuan)